PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

Property report · census 3 Aug 2026

423749 · 5 Bedroom Home with 2 Bathrooms and 2 Lounges

Strand - 23 Johanna Presence Street

improved 5 bed 275 m² ? review confidence low 14d balanceonly lot

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Strand Western Cape
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 97 073 balance R 537 300 by 20 Aug 2026
All-in cost R 659 373 to R 908 603 at full provisions
Discount to market -176.7% value R 328 424
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 597 000 – R 656 700
All-in ceiling R 908 603
Market value R 328 424

Firm cost at the bid floor · R 659 373

Bid price R 597 000
Sheriff's commission, incl VAT R 22 373
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 2 398
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 188 500

Municipal arrears R 80 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass ? walk away · review ? market · review

Registered transfers nearby · 15 within 227 m

market value R 328 424 R 70 919 · 41 m · 2024 R 820 000 · 56 m · 2025 R 375 000 · 67 m · 2023 R 42 700 · 67 m · 2014 R 6 850 · 79 m · 1986 R 1 400 000 · 90 m · 2024 R 800 000 · 100 m · 2024 R 1 200 000 · 122 m · 2025 R 7 100 · 128 m · 1987 R 26 288 · 139 m · 2001 R 880 000 · 143 m · 2024 R 680 000 · 154 m · 2025 R 1 360 000 · 175 m · 2024 R 53 173 · 178 m · 2023 R 22 337 · 227 m · 1987 0 m 227 m

Each dot is a registered transfer: nearer is left, dearer is up.

Houses in this suburb · average sale price by year

2019: R 46 902 across 43 sales 2020: R 597 500 across 20 sales 2021: R 950 000 across 21 sales 2022: R 730 000 across 15 sales 2023: R 800 000 across 11 sales 2024: R 810 000 across 27 sales 2025: R 680 000 across 20 sales R 46 902 R 680 000 2019 2025

Suburb context only — it corroborates a value and never produces one.

Provenance

Oldest bond registered2022
Reserve is rand-exactR 597 000.00
The firm's live book2 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R89550 in its place.
  • market value disagrees with this property's own last sale - this value implies -20.6% a year against its own 2022 sale, outside the -10% to +18% the rest of the census shows

The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.

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